481 Martin Luther King Jr Drive

481 Martin Luther King Jr Drive in Jersey City, NJ was first built in 1890 and is 134 years old. This has been categorized as a unknown property type. There are a total of 2 floors. There are a total of 3 rooms in the home, of which, 3 are bedrooms. 481 Martin Luther King Jr Drive has 1,270 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 150 ft and the linear feet between the front and back of the lot is 528. In total, the area measurement of the land is 791 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. The exterior walls of the home are made of unknown. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 481 Martin Luther King Jr Drive sold most recently in Jul 27, 2017 for a total of $140,000. If you work out the math, that's approximately a cost of $110.24 per sqft. Before that, the property was also sold for $75,000 in Sep 11, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,362 in taxes each year. 481 Martin Luther King Jr Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,600. If we break it down further, the land itself was valued at $60,400. Improvements to the property, however, were assessed at a total of $89,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.